TOR
NAD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Torex(TOR) to Namibian Dollar(NAD). This is the real-time data. The current conversion shows 1 TOR at a value of 1 TOR for 0.01 NAD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
NAD information
About Namibian Dollar (NAD)
The Namibian Dollar (NAD), introduced in 1993, symbolizes more than just the monetary unit of Namibia; it represents the country's journey towards economic independence and stability. It is commonly abbreviated as NAD and represented by the symbol N$. Replacing the South African Rand, which is still legal tender in Namibia, the Namibian Dollar marked a significant step in post-apartheid Namibia's development.
Historical Background
The introduction of the Namibian Dollar was a pivotal move in Namibia’s journey following its independence from South African rule in 1990. The new currency was a symbol of national sovereignty, crucial in fostering a distinct national identity and independent economic policy.
Design and Symbolism
The design of the Namibian Dollar reflects the country’s rich natural heritage, cultural diversity, and history. Banknotes feature images of prominent national figures, indigenous wildlife, and significant landmarks that celebrate Namibia's unique identity. These designs not only serve a practical purpose but also act as emblems of national pride and heritage.
Economic Role
The Namibian Dollar plays a central role in the nation’s economy, which is bolstered by mining, agriculture, and tourism. As the primary medium of exchange, it supports these sectors, enabling trade and investment, and is essential for the country’s financial stability and growth.
Monetary Policy and Stability
Managed by the Bank of Namibia, the Namibian Dollar is pegged to the South African Rand, reflecting the close economic ties between the two countries. This peg provides a measure of stability for the Namibian Dollar, but it also means that its value is closely tied to that of the Rand. The bank's policies aim to stabilize the currency and control inflation, crucial for maintaining economic confidence.
International Trade and the Namibian Dollar
In international trade, the value of the Namibian Dollar is crucial, especially for Namibia's exports, such as diamonds, uranium, and beef. A stable and competitive exchange rate is vital for maintaining export competitiveness and attracting foreign investment.
Remittances and Economic Impact
Remittances from Namibians working abroad, particularly in South Africa and other countries, are a significant source of foreign income. These remittances, converted into Namibian Dollars, play a substantial role in supporting households and contributing to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Torex currency pair is the TOR to NAD, with for Torex's currency code being TOR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NAD.
TOR to NAD conversion rate trend
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In the past 1D, Torex has changed +2.29% to NAD. Based on the trend and price charts, Torex(TOR) has changed +2.29% to NAD while Namibian Dollar(NAD) has changed % to TOR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0.008759 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/27 08:34:01(UTC+0)
How to buy Torex
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Torex (TOR)
Use a variety of payment options to buy Torex on Bitget. We'll show you how.
Buy TOR (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading does not currently support direct buying of TOR with NAD. However, you can buy USDT in Bitget P2P trading first, and then buy TOR with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell TOR (or USDT) for NAD (Namibian Dollar) offers
Bitget P2P trading currently does not support direct selling of TOR to NAD. However, you can first exchange TOR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Torex to Namibian Dollar?
Torex to Namibian Dollar is rising this week.Torex's current market price is $ 0.008801 per TOR, with a total market cap of $ 0 NAD based on a circulating supply of -- TOR. The trading volume of Torex has changed by +2.54% ($ 206.78 NAD) in the last 24 hours. Last trading day, TOR's trading volume was $ 8,143.26.
Market cap
$0
24h volume
$460.2980886
Circulating supply
0 TOR
Conversion tables
The exchange rate of Torex is decreasing.1 TOR is currently valued at $ 0.008801 NAD , which means buying 5 TOR will cost $ 0.04401 NAD . Similarly, $1 NAD can be traded for 113.62 TOR, and $50 NAD can be converted to 5,681.09 TOR, excluding any platform or gas fees.
The exchange rate of 1 TOR to Namibian Dollar has changed by +2.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.29%, reaching a high of 0.008837 NAD and a low of 0.008514 NAD . One month ago, the value of 1 TOR was $ 0.01785 NAD , which represents a -50.68% change from its current value. Over the last year, Torex has changed by , resulting in a change of -90.36% in its value.
-$
0.08251NADTOR to NAD
Amount
11:44 am today
0.5 TOR
$0.004401
1 TOR
$0.008801
5 TOR
$0.04401
10 TOR
$0.08801
50 TOR
$0.4401
100 TOR
$0.8801
500 TOR
$4.4
1000 TOR
$8.8
NAD to TOR
Amount11:44 am today
0.5NAD56.81 TOR
1NAD113.62 TOR
5NAD568.11 TOR
10NAD1,136.22 TOR
50NAD5,681.09 TOR
100NAD11,362.17 TOR
500NAD56,810.87 TOR
1000NAD113,621.75 TOR
Today vs. 24 hours ago
| Amount | 11:44 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 TOR | $0.0002426 | $0.0002371 | +2.29% |
| 1 TOR | $0.0004852 | $0.0004743 | +2.29% |
| 5 TOR | $0.002426 | $0.002371 | +2.29% |
| 10 TOR | $0.004852 | $0.004743 | +2.29% |
| 50 TOR | $0.02426 | $0.02371 | +2.29% |
| 100 TOR | $0.04852 | $0.04743 | +2.29% |
| 500 TOR | $0.2426 | $0.2371 | +2.29% |
| 1000 TOR | $0.4852 | $0.4743 | +2.29% |
Today vs. 1 month ago
| Amount | 11:44 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 TOR | $0.0002426 | $0.0004919 | -50.68% |
| 1 TOR | $0.0004852 | $0.0009837 | -50.68% |
| 5 TOR | $0.002426 | $0.004919 | -50.68% |
| 10 TOR | $0.004852 | $0.009837 | -50.68% |
| 50 TOR | $0.02426 | $0.04919 | -50.68% |
| 100 TOR | $0.04852 | $0.09837 | -50.68% |
| 500 TOR | $0.2426 | $0.4919 | -50.68% |
| 1000 TOR | $0.4852 | $0.9837 | -50.68% |
Today vs. 1 year ago
| Amount | 11:44 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 TOR | $0.0002426 | $0.002517 | -90.36% |
| 1 TOR | $0.0004852 | $0.005034 | -90.36% |
| 5 TOR | $0.002426 | $0.02517 | -90.36% |
| 10 TOR | $0.004852 | $0.05034 | -90.36% |
| 50 TOR | $0.02426 | $0.2517 | -90.36% |
| 100 TOR | $0.04852 | $0.5034 | -90.36% |
| 500 TOR | $0.2426 | $2.52 | -90.36% |
| 1000 TOR | $0.4852 | $5.03 | -90.36% |
Torex price prediction
What will the price of TOR be in 2025?
Based on TOR's historical price performance prediction model, the price of TOR is projected to reach $0.001191 in 2025.
What will the price of TOR be in 2030?
In 2030, the TOR price is expected to change by -12.00%. By the end of 2030, the TOR price is projected to reach $0.002326, with a cumulative ROI of +359.15%.
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Popular Torex conversions
Check out these popular currency conversions of Torex to several fiat currencies.
Torex to USD
1 TOR to $ 0.0004852 USD
Torex to GBP
1 TOR to £ 0.0003846 GBP
Torex to EUR
1 TOR to € 0.0004611 EUR
Torex to KRW
1 TOR to ₩ 0.6752 KRW
Torex to CAD
1 TOR to $ 0.0006816 CAD
Torex to AUD
1 TOR to $ 0.0007475 AUD
Torex to JPY
1 TOR to ¥ 0.07341 JPY
Torex to BRL
1 TOR to R$ 0.002820 BRL
Torex to CNY
1 TOR to ¥ 0.003520 CNY
Torex to TWD
1 TOR to NT$ 0.01577 TWD
Popular cryptocurrencies to NAD
Explore other cryptocurrencies based on your interest in Torex.
Evan to NAD
1 EVAN to $ 1.02 NAD
Bitcoin to NAD
1 BTC to $ 1,695,601.06 NAD
Didi Bam Bam to NAD
1 DDBAM to $ -- NAD
EGO to NAD
1 EGO to $ 0.3968 NAD
XRP to NAD
1 XRP to $ 26.06 NAD
MemeFi to NAD
1 MEMEFI to $ -- NAD
Just a chill guy to NAD
1 CHILLGUY to $ 11.54 NAD
Sui to NAD
1 SUI to $ 61.23 NAD
Dogecoin to NAD
1 DOGE to $ 7.12 NAD
Pepe to NAD
1 PEPE to $ 0.0003340 NAD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Torex and NAD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Torex and NAD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Torex in NAD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
